PROTECTION OF BONA FIDE ACQUIRERS OF REAL ESTATE

Abstract

Good faith acquisition in real estate in Latvian law is very little regulated, and is not defined directly in the regulatory enactments, while the protection of the good faith acquirer stems from interpretations of the legal provisions. In view of the lack of material-legal regulation and uncertainties in it, in particular, the question of obtaining good faith acquisition in real estate refers to conflicting and unpredictable case law - in seemingly similar situations, the court tends to take diametrically opposed decisions. The legislator has not developed guidelines and clear criteria for how, when and by which time, a good faith acquirer of real estate is protected. These conflicting decisions give rise to a debate in the public on the good faith acquirer institute in general and on how the legal provisions relating to it are to be interpreted.